---------- Forwarded message ---------- Date: Thu, 19 Oct 2000 22:27:34 +0200 (MET DST) From: Summer School in Mathematical Finance <ssmf(a)valjhun.fmf.uni-lj.si> Subject: Summer School in Mathematical Finance, Dubrovnik, Croatia 2001 FIRST ANNOUNCEMENT SUMMER SCHOOL IN MATHEMATICAL FINANCE Inter-University Centre Dubrovnik Dubrovnik, Croatia, September 17-22, 2001 The aim of the summer school is to have leading researchers deliver lectures on current research in mathematical finance. There will be five invited speakers who will each give 6 expository lectures on topics concerning mainly pric- ing of derivative securities but will include also term structure models and actuarial science. There will also be a limited number of contributed talks. English will be the official language of the summer school. PROGRAMME So far four speakers have confirmed their participation. The fifth speaker will be announced in the second announce- ment. The four lecturers are: Tomas Björk (The Stockholm School of Economics): INTEREST RATE MODELS. Mark Davis (Imperial College): MATHEMATICAL MODELS FOR DEFAULT AND CREDIT RISK. Paul Embrechts (Swiss Institute of Technology): INSURANCE ANALYTICS. Ioannis Karatzas (Columbia University): PRICING AND PORT- FOLIO OPTIMISATION IN FINANCIAL ECONOMICS MODELS. ORGANISERS The organising institution is the Inter-University Centre in Dubrovnik, Croatia. The IUC is an international organisa- tion whose members are universities all over the world. At the moment the number of participating universities is 175 and the list is expected to grow in the future. The main aim of the Centre is to provide the location and facilities for meetings, summer schools and conferences in all fields of science. The organising committee consists of J. Cvitanic (University of Southern California), W. Runggaldier (University of Padova) and W. Schachermayer (Technical University Vienna). The local organisers are M. Perman (University of Ljubljana) and Z. Vondracek (University of Zagreb). REGISTRATION The registration fee will be 120 EURO for regular partici- pants and 80 EURO for registered students. The number of participants is limited to 60. Registration will be handled on a first come first served basis. You can register on- line at http://www.math.hr/~ssmf or by sending an e-mail to ssmf(a)valjhun.fmf.uni-lj.si. You will only be considered registered once the registration fee has been paid. The deadline for registration is May 31, 2001. ACCOMMODATION AND TRAVEL The best way to get to Dubrovnik is to fly. The local air- port Cilipi is a short drive from the city. There are regu- lar flights from Zagreb, Croatia. For more information on travel and hotels consult the conference homepage. ABOUT DUBROVNIK Dubrovnik is located on the eastern coast of the Adriatic sea close to the southernmost tip of Croatia. It is best known for its impressive ramparts encircling the picturesque renaissance inner city, and for its rich and colourful his- tory. The origins of the city go back to the Romans who appreciated the suave Mediterranean climate and the beauti- ful surroundings. The life of the inhabitants has always been closely tied to the sea; the trading network of the Ragusan traders extended across Europe and they were known as reliable partners and were renowned for their shipbuild- ing skills. At the height of its power in the 15. and 16. century the tiny city-republic of Dubrovnik had over 150 consular representatives in Europe and was actively involved in European politics. The ensuing centuries brought a slow decline as the Mediterranean lost its role as the primary trading route. As a historical curiosity one should mention that Dubrovnik was the first state to recognise the indepen- dence of the United States in 1776. Today tourism is the main activity in Dubrovnik. It's surroundings and bathing possibilities along with cultural events have been attract- ing visitors for many years. In September the weather is usually sunny and the temperatures range between 25-30C (78-86F). The water temperatures are around 24C (76F).